Horizon Instruments Limited

Horizon Instruments Ltd, based in Heathfield, UK, is a small holding company with an active status, celebrating 40 years since its founding in 1984. With 19 employees and £1,064,801 in assets, the company operates from a real address and is overseen by four directors and a single owner. It’s a regular importer and exporter, bringing in machinery, boilers, and mechanical appliances, parts for 75 months, and sending them out for 72 months.

The company’s website highlights its expertise in automation for manufacturing and research, offering design, engineering, and automation solutions. Since 1984, Horizon Instruments has been building special-purpose machines, challenging the limits of what can be automated. They act as an approved distributor and offer multidisciplinary teams designing complete system solutions, working with clients in industries ranging from pharmaceuticals to electric vehicle battery assembly. The site emphasizes a collaborative approach, positioning Horizon as part of their client's R&D design team.

Financially, Horizon Instruments Ltd shows a mixed picture. Cash reserves increased significantly by 190%, reaching £430,000, a positive sign. However, net assets decreased by 11%, settling at £260,000, and current assets remained steady at £1,100,000. Bank borrowings rose by 12%, reaching £39,000, while trade debtors decreased by 37%, which could indicate better collection practices. Creditors, however, increased by 13%, and other creditors saw a substantial rise of 68%. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the decline in equity warrants attention. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements. The company’s workforce, however, has decreased by 16%, which could be a result of restructuring or a shift in operational focus.

Registered in England/Wales under the registration number 01822950, with a registered address at TN21 8AW, England, Heathfield, East Sussex, Unit 12 Ghyll Industrial Estate.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.